On Friday, Hang Seng Index Company announced its semi-annual index adjustment results, which covered major Hong Kong stock flagship indices such as the Hang Seng, China Enterprises Index, and Hang Seng Technology Index. In addition, the Hang Seng Composite Index, which directly determines the investment scope of the Hong Kong stock market, also had a significant adjustment.
In response to the recent market attention on whether Alibaba can enter the Hong Kong stock market, the company's management stated during a conference call last week that the company will hold a shareholder meeting on August 22 to evaluate Hong Kong as the main listing venue and submit relevant proposals to shareholders. If approved at the shareholder meeting, the company expects to complete the dual primary listing conversion in New York and Hong Kong at the end of August. According to the discussion in the report "Preview of Hong Kong Stock Connect and Hang Seng Index Adjustment", considering that the company has already met other requirements for inclusion in the Hong Kong stock market, if it successfully completes the dual primary listing conversion at the end of August, there is still a chance to catch up with the Hong Kong Stock Connect inspection day on September 5 and be included in the adjustment around September 9 of this round. However, the report also warns of risks if there are problems that prevent the dual primary listing conversion from being realized, which may result in failure to be included in the Hong Kong Stock Connect.
This happens to be the semi-annual index review of the Hang Seng Composite Index (it is reviewed twice a year, with the deadlines of the end of June and December), and it will also be the main basis for the investment scope of the Hong Kong Stock Connect. The bank estimates that combined with the inclusion requirements of the Hong Kong Stock Connect, there are potentially 33 stocks that may be included in the Hong Kong Stock Connect:
Bank of China International estimates 33 stocks that may meet the inclusion criteria of the Hong Kong Stock Connect:
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Majestic Time (02556.HK)
Wanwu Cloud (02602.HK)
Quantumph-P (02228.HK)
Shengneng Group (02459.HK)
NetEase Cloud Music (09899.HK)
Chow Tai Fook (Holdings) (00917.HK)
Hang Lung Group (00010.HK)
Stella International Holdings (01836.HK)
Sunshine Insurance Group (06963.HK)
Kinetic Mines & Energy Limited (01277.HK)
Tsui Wah Holdings (02555.HK)
CSSC Shipping (Group) Co., Ltd. (03877.HK)
Tianli International Holdings Group Limited (01773.HK)
Dah Sing Banking Group Limited (02356.HK)
Daseke, Inc. (01405.HK)
US China Jushi Co., Ltd. (02453.HK)
Lao Feng Xiang (06181.HK)
Sinopec SEG (02386.HK)
Mongol Mining (00975.HK)
SF Express (09699.HK)
COFCO Packaging (00906.HK)
Zonqing Ltd. (01855.HK)
YiSou.com Technology (02550.HK)
JNBY (03306.HK)
Hec CJ Pharm (01558.HK)
DL Holdings (01709.HK)
Dekang Agriculture and Animal Husbandry (02419.HK)
Dalipal Hldg (01921.HK)
K. Wah Int'l (00173.HK)
SenseTime Group (02155.HK)
Automobile Street (02443.HK)
Hao Tian Int'l (01341.HK)
Zhixing Auto Technology (01274.HK)